KLA Corp: A Long-Awaited Pullback

2024年12月2日

I’ve been waiting for years to see KLA Corp pull back, and the opportunity has finally arrived. From a numbers standpoint, this company has an incredible track record—they haven’t missed earnings as far back as I can find, making it one of the strongest performers in its space.

The recent hit across the semiconductor sector seems to stem from a dip in margins. KLA’s margins, which were in the 30% range, have slipped into the high 20s%, and the market was clearly expecting explosive growth to continue.
With the stock now over 25% off its highs, this looks like a great entry point.
I’m in at $660.

2024年12月10日

交易結束：達到停損點

2024年12月11日

註釋

Even though we’re sitting near all-time highs in all indexes, and the whole world—including yours truly—is waiting for the Santa rally, I can’t help but scream:
"WHAT THE HECK IS GOING ON WITH THE SEMICONDUCTOR STOCKS!??"

This year feels so different from the last. There are so few new long positions that have worked out, and honestly, it’s making me cautious. I’m starting to look at taking profits, even in a market that feels like it should be charging higher.
But hey, it’s still a bull market, and as they say, “Santa always comes… until he doesn’t.” Let’s see how this one plays out. 🎅🎄